SLB Ltd.
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About
SLB Ltd. (NYSE: SLB), formerly Schlumberger, is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing about 100,000 people who represent over 140 nationalities, SLB supplies the industry’s most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
Transactions
SLB to Boost Well Construction Business with Gyrodata Acquisition
SLB to Boost Well Construction Business with Gyrodata Acquisition
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal
Schlumberger Exits North America Fracking Business in OneStim Sale
Schlumberger Exits North America Fracking Business in OneStim Sale
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business
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New Financings
Schlumberger Norge AS, an indirect wholly-owned subsidiary of Schlumberger, will redeem the entire…
Schlumberger Holdings Corpo., an indirect wholly-owned subsidiary of Schlumberger, has commenced a cash…
Schlumberger Holdings Corp. announced pricing terms with respect to its private offer to exchange three…
Launched a tender offer to purchase outstanding Cameron International Corp. debt. The offer was made by…
Launched an offering where its subsidiary Schlumberger Holding Corp. will issue five tranches of senior…
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News
SLB Proves Direct Lithium Extraction Technology
SLB says its integrated technology solution produces lithium from brine faster than conventional methods while using less land, water and chemicals.
SLB, Palo Alto Networks to Expand Cybersecurity Collaboration
The collaboration looks to strengthen cybersecurity across the energy sector, providing comprehensive security across various platforms.
Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results.
OFS Consolidation Continues with Flowserve to Buy MOGAS
Flowserve will purchase MOGAS Industries for at least $290 million, part of a number of oilfield service company acquisitions announced in 2024.
As Oil Production Scales the Heights, Texas E&P Jobs Disappear —TXOGA
As operational efficiencies give E&Ps the ability to produce more oil with fewer rigs, Texas employment in the oil patch has fallen five out of the first six months of 2024.
E&P Highlights: Aug. 5, 2024
Here’s a roundup of the latest E&P headlines, including new oil discoveries and an implementation of AI technology in operations offshore United Arab Emirates.
SLB, Aker Carbon Capture JV Awarded Carbon Removal Contract
SLB and Aker Carbon Capture were awarded the front end engineering and design contract by CO280 Solutions for large-scale carbon capture plant at a pulp and paper mill.
E&P Highlights: July 29, 2024
Here’s a roundup of the latest E&P headlines including Energean taking FID on the Katlan development project and SLB developing an AI-based platform with Aker BP.
SLB Collaborates with Aker BP on AI-driven Digital Platform
SLB and Aker BP’s partnership will build a digital platform that will benefit Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase crude production.
Offshore, Middle East Buoys SLB’s 2Q as US Land Revenue Falls
Driven by a strong offshore market and bolstered by strategic acquisitions and digital innovation, SLB saw a robust second quarter offset by lower drilling revenue in the U.S.
ChampionX Closes Acquisition of Artificial Lift Company RMSpumptools
ChampionX, which is being acquired by SLB for $7.7 billion, bought RMSpumptools Ltd. for about $110 million.
SLB, TotalEnergies to Develop Next-gen Digital Solutions
SLB and TotalEnergies’ 10-year partnership will address challenges across the energy value chain, including carbon capture, utilization and sequestration.
SLB: ‘As Expected’ ChampionX Deal to Undergo More Regulatory Review
Aggressive enforcement by the Department of Justice and Federal Trade Commission has delayed multiple high-profile, multibillion dollar oil and gas deals, with SLB’s ChampionX deal the latest.
E&P Highlights: July 1, 2024
Here’s a roundup of the latest E&P headlines, including the Israeli government approving increased gas export at the Leviathan Field and Equinor winning a FEED contract for the all-electric Fram Sør Field.
Energy Transition in Motion (Week of June 28, 2024)
Here is a look at some of this week’s renewable energy news, including plans for another offshore wind energy lease sale.
IndustryVoice
IndustryVoice: Uncover Operational Issues and Remedy Them Before They Occur
Gain complete system understanding and model effects of changing conditions and equipment to avoid unplanned downtime.
IndustryVoice: Streamline Flare Systems Analysis by Using a Single Platform
Improve accuracy and save time during pressure safety studies by eliminating the need for multiple applications.
IndustryVoice: How to Leverage Existing Subsurface Data for Carbon Sequestration Modeling
Manage CCS risk and uncertainty with in-depth site characterization, modeling and expertise.
IndustryVoice: Optimizing well production to maximize ROI across the life cycle
From artificial lift system design to maintenance scheduling, maximize your investment by ensuring optimal flow and production.
IndustryVoice: Using existing data to create efficient, accurate subsurface models
Make the most of your time and investment by using innovative, cloud-based software to maximize existing data, better define subsurface assets, and create an accurate earth-scale model.
IndustryVoice: How to Drill the Best Wells on the Best Acreage with Limited Data
Reduce uncertainty by turning varied, limited wellbore data into a reservoir-scale model on the Cloud, as you need it, without excessive IT requirements and massive computer software. Gain valuable insights so you get it right the first time.